Charge Off

When a creditor notifies credit bureaus that it has charged off a debt, it means the creditor has given up on trying to collect an unpaid debt. A charge off is a negative mark on your credit report.

Having debt charged off does not mean you no longer owe it. Typically, a creditor will turn over the debt to a collection agency. The collection agency will then pursue the debt. You owe the debt until its paid, settled, or discharged in a bankruptcy proceeding.Charge offs remain on your report for seven years.

Address: 7 Corporate Center Ct, Greensboro, NC 27408


Phone: 866-373-1377



  • Valiant Credit Services Google
  • Facebook Social Icon
  • White LinkedIn Icon
  • Instagram Social Icon

2020 Valiant Credit Services